Pinnacle Financial Partners, Inc. Plans Quarterly Dividend of $0.42 (NASDAQ:PNFPP)

Pinnacle Financial Partners, Inc. (NASDAQ:PNFPP) declared a quarterly dividend on Thursday, January 23rd,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be paid a dividend of 0.422 per share on Saturday, March 1st. This represents a $1.69 dividend on an annualized basis and a dividend yield of 6.78%. The ex-dividend date is Friday, February 14th.

Pinnacle Financial Partners Stock Performance

Shares of NASDAQ:PNFPP traded down $0.10 on Thursday, reaching $24.90. The company’s stock had a trading volume of 8,007 shares, compared to its average volume of 15,291. Pinnacle Financial Partners has a 52-week low of $22.76 and a 52-week high of $25.19. The company has a 50-day simple moving average of $24.76 and a 200 day simple moving average of $24.46.

Pinnacle Financial Partners Company Profile

Pinnacle Financial Partners, Inc, together with its subsidiaries, operates as the bank holding company for Pinnacle Bank that provides various banking products and services to individuals, businesses, and professional entities in the United States. The company accepts various deposits, including savings, noninterest-bearing and interest-bearing checking, money market, and certificate of deposit accounts; and provides treasury management services, which includes online wire origination, enhanced ACH origination services, positive pay, zero balance and sweep accounts, automated bill pay services, electronic receivables processing, lockbox processing, and merchant card acceptance services.